U.S. stocks were set to decline at the open on Wednesday ahead of a statement by the Federal Reserve due at 2 pm EDT, with the bank expected to be clearer on how soon it plans to tighten monetary policy...
On Wednesday the pound dipped to nearly five-year lows against its U.S. peer, after a report showed that the U.K. unemployment rate remained unchanged in January and that average U.K. earnings rose less-than-expected...
On Wednesday gold traded at more than four-months low before Fed's upcoming statement, as investors expect the central bank will signal a June rate hike by dropping a pledge to be "patient" from its statement later in the day...
Australia & New Zealand Banking Group Ltd predicted that gold demand in Asia is likely to double by 2013 and drive prices to a record, as investment and jewelry purchases climb...
On Wednesday West Texas Intermediate oil futures neared the lowest level in six years, amid expectations supply data will show U.S. crude inventories rose to the highest level on record last week...
Step Coupon Bonds: These are bonds whose coupon rates increase over the duration of the bond. Often these bonds start by yielding below what similar bonds do, but end up with a higher than average yield...
On Monday, OPEC released a report predicting the U.S. shale oil boom could be over by the end of 2015, almost declaring the "mission accomplished" in its efforts to battle the US shale oil boom...
The New Zealand dollar was weaker against its peers in the Asian session on Wednesday, after dairy prices in Fonterra's GlobalDairyTrade auction dropped for the first time in three months. Japanese yen was trading flat against the dollar...
US DOLLAR TECHNICAL ANALYSIS Prices may be readying to correct lower as negative RSI divergence warns of fading bullish momentum. Near-term resistance is at 12221, the 50% Fibonacci expansion, with a break above that on a daily closing basis exposing the 61.8% level at 12335...
Mutual Funds Pick Year When S&P 500 Is Up 1% to Beat the Market (Bloomberg) Shiller: How Scary Is the Bond Market? (Project Syndicate) see also Bonds Hit Boiling Point Thanks to ECB (WSJ) (Now) Apple is all about China (Om) In Praise of Short Sellers (New Yorker) Debunking $1...
On Tuesday the greenback held steady against the Japanese yen, after the Bank of Japan left its monetary policy inchanged and as investors awaited the outcome of the Federal Reserve's monthly meeting on Wednesday...
On Tuesday the U.S. dollar climbed against its Canadian peer, as downbeat Canadian manufacturing sales data pressured the local currency, although a disappointing report on U.S. housing starts limited the greenback's gains...
Fears that a nuclear agreement with Iran could end sanctions imposed on the country and flood the already oversupplied market with oil are "unduly bearish," the managing director at Clearview Energy Partners said in an interview on Tuesday...
Dipping US index futures are helping pull European shares back from highs, though Chinese stocks hit a near seven-year peak and Japanese equities reached their best level in 15 years as global monetary policy continues to attract traders' attention...
On Tuesday the dollar was mostly lower against its peers, as investors awaited upcoming U.S. data due later in the day, as well as the conclusion of the Federal Reserve's policy meeting on Wednesday...
Gold and silver have no third-party counter risk. Both are debt-free and with a proven history for having an intrinsic value...
On Tuesday U.S. crude oil futures traded near a six-year low, as investors awaited fresh weekly information on U.S. stockpiles of crude and refined products to estimate the strength of demand in the world’s largest oil consumer...
1. Principal: This is the face value of the bond; the amount that the first bond buyer initially loaned to the company or government issuing the bond. This is also known as the par value. 2. Coupon Payment: This is the numeric amount of interest payments that are scheduled to the bondholder...
On Tuesday the euro was higher against the dollar, while markets eyed upcoming reports on German consumer sentiment and the euro zone inflation and as sentiment on the greenback was fragile after a string of downbeat U.S. data...
On Tuesday Asian shares traded higher led by Tokyo with the focus on the Federal Reserve's meeting tomorrow...
